Daily Market Analysis
2022-09-12
Review our intraday commentary to learn how we interpret price action and build a market narrative.
Drag the blue slider to reveal the day's price action. Dots on the timeline represent comments and can be clicked. View the table below for all market-related comments and annotated charts (including those from after hours).
Abbreviated Comments View all
Click to expand content and reposition slider.
| 09:38:03 Pete |
SPY bear engulf forming. That is why we do not chase the open. |
|---|---|
| 09:53:35 Pete |
I like getting long |
| 09:54:19 Pete |
We held the gap up and we are grinding higher. We have the M5 bullish cross and the M30 and H1 1OP supporting this move |
| 10:18:15 Pete |
So we have M30 and H1 almost bullish crosses and M5 looks good. No reason to change course. Ride your longs |
| 10:33:38 Pete |
You can clearly see a D1 trendline breach. It is short term so not as significant as the longer term down trend, but meaningful. You can see it more clearly using H2 because you have better points to draw to. |
Limited Access Only
Become a OneOption member to view all Daily Market Comments. Please visit our Start Here page to learn more about our system and how to become a member via our Free Trial.
Start Free Trial